Tietto Minerals Advises Shareholder Action on Takeover
Company Announcements

Tietto Minerals Advises Shareholder Action on Takeover

Tietto Minerals Ltd. (AU:TIE) has released an update.

Zhaojin Capital has secured approximately 74.85% voting power in Tietto Minerals Ltd, declaring its takeover offer of $0.68 per share as final and unconditional. The offer period, now extended by 14 days, will close on 14 May 2024, with Tietto Directors recommending shareholders to accept the offer or sell their shares on the ASX to avoid the risks of being a minority shareholder. All Tietto Directors with company shares have either accepted Zhaojin’s offer or sold their shares on the ASX.

For further insights into AU:TIE stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!